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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (8378)	7/28/2001 12:10:12 PM
From: jonggua	Read Replies (1) of 24925

Richard, re: antrim energy, did you see their Kauri 1 well did quite well? Hit 4 zones of o/g, but missed the deep big one they were shooting for, will drill another well this fall. some estimates on the sfy board (which has 90% of the prospect vs antrim's 5%) are they could get 150-250mmboe probable on reserves from this well due to confirming 7km stretch of paydirt from their other wells. you've seemed very negative on management so far, and I'm a neophyte on these things, but possible tripling or quadrupling of their present 3.2MMboe reserves from just 1 well looks pretty good to my untrained eye... just wondering

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